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can't give people money and help them. >> tim allen criticizing the obama administration. is that a smart thing to do career-wise? adam corolla will have some thoughts. >> what's nascar all about? >> sunshine, palm trees everywhere. perfect place for a championship. >> watters world goes to the big nascar championship. >> do you guys ever watch bill o'reilly on the fox news channel. >> i thought bill o'reilly was on the food network. >> bill: we have revved up report. >> caution. you where to enter the no spin zone. the factor begins right now. >> bill: i'm bill o'reilly. thanks for watching us tonight. a tale of two americans, california and texas. that is the subject of this evening's talking points memo. over the thanksgiving weekend i was down in austin in houston, texas doing shows with miller. it's been a while since i had visited the lone star state and i took a good look around. next week i will be going tout to california the state with the largest population. texas is second. fascinating to compare the two places because they signify the clash, the clash that's
this project was being planned well, that the initial funds that were granted to us by president obama and with the great work of our congressional delegates and speaker pelosi and senator feinstein we would make sure to use it in the right way and creating the jobs and the investment that people wanted to see. u.s. transportation secretary ray lahood. please share this announcement. >> hello san francisco. i am delighted to be here to celebrate with all of you three very important champions for this project. senator feinstein who doesn't often call me, but when she does i pay attention, and four years ago when i went to see her about a number of issues this project was number one on her list. we need to get it done. we need to get a full funding grant agreement. she has been a champion for this project from the beginning going back -- i am sure she will tell you, i don't know how far. speaker pelosi, a champion for this project. [applause] speaker pelosi doesn't call me very often, but when she does it's always important. four years ago when i took this job i went to see the s
and their respective parties in debating and discussing solutions to the fiscal cliff. president obama organizing a campaign to persuade voters that his plans for higher taxes on the wealthy are the right path forward. leading republicans creating consternation within their own party does they reversed themselves from taxes and seemingly the president's ideas of increases, a growing number on the right rejecting their no new taxes pledges and instead are now claiming the grover norquist is the real problem in washington d.c. fox digital politics center is here with us tonight as is the daily caller stalker carlson. egyptian leader declaring new powers for himself, claiming he won't be just another dictator. just a week ago praised by the obama administration for brokering a ceasefire in gaza, and now the white house is silent on the more -- coupe. middle east expert professor hoover institute senior fellow "wall street journal" as columnist among our guests here tonight. we begin with the president's broad based strategy to conduct our right class warfare against the republican party on the issue
as secretary of state and she may not be. obama could decide to go with john kerry or jane armen or who knows who else, right? susan rice has to go up to the united states senate today and meet with -- she will, meet with john mccain and lindsey graham and a couple of other senators and try to explain herself. she shouldn't have to do that. i think it is embarrassing. kevin is calling from chicago. what do you think kevin? >> caller: hey, how do youing, bill? >> bill: good to hear from you. >> caller: if they were a legitimate news organization, wouldn't you go with the fact -- take whatever your guest says and you go with it. but since everybody knows they're the mouthpiece of the republicans, i find it amusing that they're so inept they don't even see what their guest is going to say. it is like how dumb are they? it just reinforcing the bumper sticker on my car as i drive to work this morning. fox news, the more you watch the less you know. >> bill: i like that! send me one. where did you get it? kevin, it let me t
obama promise, but some promises are made to be broken, and i think this is probably a good move. but first up congress back at work tonight after the holiday recess with now just 35 days to go. are we any closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. the numbers are all one. there's one month left for these leaders to figure it out. two, 1.4 it is is the amount to be shaved off by gdp and one is the amount of trillions of dollars that democratic aides, senior democratic aides tell me is necessary to get a deal wit end of the year with the remaining 3 trillion of savings coming in the early part of next year, a
on december 14th. she ran the securities regulator for nearly four years. president obama will appoint current sec commissioner to run the agency. all right. now to our top try. warren buffett support for raising taxes on the rich takes a controversy in its turn in an op-ed in today's new york times. the billionaire investor says let's forget about the rich in culture ridge. income is increased. forever for see investment of the charities. so buffett is on target with this. raising taxes on the rich actually have no affect on their investment behavior. let's bring in scott martin, chief investment strategist and founder and ceo of market 76. thank you for joining me. give me a reaction to this. >> i'm really surprised. i look at buffett as asavvy businessman and one who would not put a dime toward the u.s. government if he had a choice with regards to a buyout because certainly is not a great balance sheets they carry. it just doesn't make a lot of sense for me to say, if you're going to rase the barriers to entry, change the overa landscape of something like raising taxes on investments, why
obama has spoken. he's promised he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> hardly a political plug there. cnn political director mark preston is live from washington this morning. mark, so far there are no formal fiscal cliff talks scheduled at the highest levels. but the white house just announced that president obama is going to be going to pennsylvania on friday to try to sell his version of the tax plan to the american people. is that going to help things? >> well, john, you know, it's a dual strategy right now that we're seeing develop in these negotiations over the fiscal cliff. the first strategy, of course, and the first bullet point is when president obama gets together with congressional leaders and they try to get some kind of resolution. the second bullet point, though, is to try to pressure the republican party a
that isn't even open yet. if susan rice were to get the nod from president obama to replar replace hillary clinton as secretary of state she would want to be on good terms with congress. that's why the current u.s. ambassador to the united nations embarked on a delicate bit of diplomacy this morning with three of her toughest credit activities capitol hill. ms. rice met with republican senators john mccain, lindsay graham, and kelly ayott, all had vowed to block her nomination after what she said about the deadly attack on americans on n benghazi, libya. here's what graham said moments ago when the meeting came to a close. >> if you don't know what happened, just say you don't know what happened. people can push you to give explanations and you can say i don't want to give bad information. here's what i can tell you -- the american people got bad information on 16, september. they got bad information from president obama days after. and the question is should they have been giving the information at all. if you can do nothing but give bad information, isn't it better to give no information
between ambassador rice and her staunchest critics on capitol hill. after his reelection president obama took exception to republican senators critical of rice saying if they want to come after anyone they should come after me. >> gretchen: we remember that. why is no one talking about susan rice, she went out on the talk shows and got the talking points from the white house and said what they wanted her to say. >> brian: she said the intelligence. >> gretchen: that's why she would be secretary of state. she did what she was asked to do and did it well and it worked with the electorate you could argue and now she will be secretary of state. what is going to stop it? >> steve: not necessarily. senate aides. administration is having her sell herself up on capitol hill today and what she is doing, she is appealing to the moderates, in particular republicans from georgia and tennessee. they are trying to figure out whether or not she can win the moderates over and avoid an embarrassment. >> brian: she played it definitely. senator mccane doesn't believe it. she didn't attack john mccain and
this hour. >> president obama is getting ready to pack his bags. that's right. the campaigner in chief is heading back out onto the trail. he does know he won, right? >> i'm steve kornacki. for me of us it's home for the holidays. you get a rare chance to see old friends and distant relatives. the bad news is you get a chance to see old friends and distant relatives. >> i'm making a pledge to my friend grover norquist. you're in "the cycle," and you have my word it's going to be good. >>> the case against ambassador susan rice as a successor to hillary clinton deepens. she went to the hill today to smooth it over with senators mccain, ayotte and graham who criticized her original comments on the deadly benghazi attacks. i picture the conversation between the president and rice going like this. we want you as secretary of state, so go make nice. answer their questions so they stop attacking you and threatening to block your possible nomination. yeah, so how did that work out? >> we are significantly troubled by many of the answers that we got and some that we didn't get. it is clear tha
. >> the senate has spoken. president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weeken
she and the obama administration misled the american public about the deadly attack on americans in libya. >>> the election was only three weeks ago, but president obama's about to shift back into campaign mode. and we're learning exclusive new details about the personal and professional life of the woman at the center of the scandal that forced the resignation of cia director david petraeus. i'm wolf blitzer. you're in "the situation room." >>> we begin with the obama administration's latest attempt to explain the misleading information given out in the days after the september 11th attack on the u.s. consulate in benghazi, libya. four americans including the u.s. ambassador to libya died in what we now know was a terrorist attack. but that isn't what the u.s. ambassador to the united nations susan rice said when she went on national television five days after the attack. today rice is up on capitol hill. she's explaining what happened and some big-name republicans clearly are not very happy with her answers. our senior congressional correspondent dana bash is following what's b
it now? the obama administration will have an opportunity to look at these proposals in november and december and hopefully decide to take advantage of them and use them next year. also i am hopeful and will recommend that this not just be administrative action. congress should implement this, too. beyond that, we will have the proper recommendations with regard to other issues of security, jobs, efficiencies, innovation. this is such an important part of our economy in america. if we do not do it in the right way, we will make mistakes. when you legislate an atmosphere of crisis, where you have a mess on your hands, you quite often do not do it very well. yes, we are experiencing some good times in energy diversity now. it seems to me now is the opportunity and a fantastic time of challenge for us to develop an overall, the national energy policy to pull things together and plan for the future and not wait for another crisis. another crisis will come. when you look at the impact of energy throughout the world, what is happening with us and how we are all interrelated, it is obvi
is just days away. pressure is mounting on president obama to approve the new route. ceo of transcanada is here for a fox business exclusive. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal cliff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manager behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of live at the white h
and the obama administration. why? all over their response to the attack in benghazi. well, today both sides came face to face. you are about to hear what happened inside that meeting and why those senators are not satisfied today. but, first, the urgent situation that has everyone's attention, members of the house, they're officially back to work as of right now, this hour. senators returned to washington yesterday. so everyone finally on the job after their week long thanksgiving break. that gives congress and the president, count it with me, 35 days to avoid the dreaded fiscal cliff, the huge package of tax hikes and spending cuts set to take effect january 1 if congress and the president do not cut a deal. we're told they have been talking behind the scenes and president obama has already hosted congressional leaders for a post election sit-down. but the president is also launching a new pr effort, a campaign, some are calling it here, starting with the white house meeting today, of small business owners. then tomorrow, the president hosts more business owners and a group of middle class
with president obama. immigration will also probably be among those discussions. >>> 7:15. new this morning, u.n. ambassador susan rice is meeting with -- on capitol hill with three senators who have been critical of her initial explanation about the attacks in libya. jamie dupree has more from washington, d.c. via skype. >> reporter: there is a lot of talk that she will be nominated for the position of secretary of state. rice is here this morning meeting with senators john mcan, lindsey graham and others in the basement of the capitol. you can see a stakeout that's down there where vee with -- where we have microphones set up. we're hoping to hear from some senators later this morning about this meeting. rice has taken a lot of flack for her explanation on the talk shows about what happened on the attacks in libya on that u.s. facility in benghazi where four republicans were killed. a lot of republicans said she was basically relating a story that was not true about how this attack was fostered and caused by that anti-muslim video that's proven not to be so. but after briefings by intelligen
washington. >> vulnerable tax deduction from mortgage interest as president obama and congress try to work out a deal that reduces the budget different situations. cap would likely be amend at high income schooled. >> president obama is now pondering cabinet reshuffle and republicans are softening on one of the leading candidate to replace hillary clinton. 7 news political reporter mark matthews tonight with short list that includes some well known bay area names. >> president known for some time that secretary of treasury tim guy and secretary of state hillary clinton are heeded for the door. leading candidate fo is rice but republican senator vowed to fight. if she got the nod. >> we will did whatever is necessary to block the name nation. >> the president fired back. >> when they after the un ambassador because she's an easy target? they have a problem with it. >>reporter: tonight senator mccain backing away. >> i think she deserves the ability and opportunity to explain herself and her position. >>reporter: ambassador not rivt. the attack was responsible taken us event. >> boose
fiscal cliff president obama is taking his case to small business owners from across the country, meeting with more than a dozen at the white house, looking to avoid a year-end tax hikes and spending cuts. republican leaders will meet with a bipartisan group of former members of congress as list leaders as well as both sides hold the line on taxes. >> i'm willing to put revenue on the table to pay down debt and create a better economy but my democratic friends have to reform entitlements. what will make us greece is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track. jon: so is the u.s. economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist fo
. the white house says frankly that's not good enough. aides say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal.
will also hear from president obama, who signed the deficit reduction measure into law, part of the deal to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said white house and higher. -- dwight eisenhower. too often, we face off, not realizing that the solution rests somewhere in the middle. i remind everyone of one fact. this congress is one vote away from avoiding a fiscal cliff for middle-class families and small businesses. we can solve the greatest econo
to "power lunch." it is a fiscal cliff faceoff. president obama meeting with small business leaders at the white house this afternoon to make his case for higher taxes ahead. we will also go to the home state of a kai player in tey pl talks. >>> the chevy volt struggling to work with car makers aed car buyers. why is general motors doubling down with its big bet in electric and has it jumped its sales? >>> facebook stock up 10% in the past week and 30% the past two months. has it finally turned a corpser? >>> speaking of corners, we have switched corners, tyler, the gentleman that he is, is braving you the snow and the ice in new york city and he is down on the floor of the new york estock exchange. >> a mucky day. not since 2008 has it been so high. more evidence the housing recovery is taking root. prices rising in the big cities but a warning we may head into a recession next year if the u.s. and europe don't solve their fiscal messes. right now the dow industrials a built of a breather down 21 points. >>> meanwhile, 34 days to the fiscal cliff. will a deal be done in time? today
tax cuts for those make mortgage than $250,000. >> billionaire warren buffett, an obama ally today wrote an editorial in "the new york times," calling for a higher minimum tax for the wealthy. >>> a shake-up in the middle east in politics today as an israeli moderate resigns. israeli defense minister ehud barack abruptly quit politics today, saying he'll only finish out his term. the obama administration had embraced him as a moderate influence on benjamin netanyahu's hard-line policies. meanwhile, a leader of hamas is warning that a fragile ceasefire in gaza could flare back into violence if negotiators don't come to agreement quickly. negotiations have to proceed through egyptian messagers because israel and the united states consider hamas a terrorist organization. >>> still ahead here at 5:00, it's a distinction that universities don't want. the bay area school, though, near the top of this dubious list. >>> and a blockbuster acquisition that never was. google tied to a takeover deal the company is now calling a hoax. >>> and a celebration filled with secret information. how se
think particularly coming out of this -- obama out of a strong election. no one like gaddafi. no one liked libya. no one liked the soviets. it's doable. >> to partially answer the same question. the issue for many in congress is whether this negotiation quote-unquote allows iran to continue enriching at the 3.5% level or not. the historical position of the united states going back to the early 2000's has been that there should be a suspension of all enrichment as a confidence-building measure. from what you're saying, jim, we're well past that point and iran has a lot of truth on the ground in terms of additional centrifuges and they want the -- their so-called right under the nonproliferation treaty to be recognized. the question is at what level do they continue. >> i think there's also -- i agree with that. i want to go on here. there is a debate over countries have the right to enrich. they have a right to peaceful activities. there's some ambiguities about that. people disagree. both the iranians have said, offered this as a principle. i think it's important to have principles t
-and-take to get there. listen to this. 72% in our brand-new cnn/orc poll say they want president obama to compromise with republicans on taxes and spending. an identical 72% want republicans to do the same, compromise with the other side. as for what compromise should entail, 67% favor a mix of spending cuts and tax increases. that's what they say real progress would look like. keeping them honest, real progress is one thing. washington progress is another. so far at least we see much more of the second than the first, and we're getting late new word that any progress might be stalled. more on that shortly. first, a good example of washington progress. republican lawmakers standing up in a limited way to a beltway power broker named grovier norquist over the 1980s era pledge he pressures them to sign promising not to raise any taxes ever. >> i'm not obligated on the pledge. i made tennesseans aware. i was just elected. the only thing i'm honoring is the oath i take when i serve when i'm sworn in this january. >> that's senator bob corker and one of the a handful up republican lawmakers
republican lawmakers about the benghazi attack and that it was spontaneous. the obamas up the minister's letter said it was a terrorist attack. she is to meet on capitol hill with three of her harshest critics. senator john mccain, up lense gram. >> i will be glad to listen to her position and her justification for comment. i am very unhappy with her performance. >> gramm is also looking for to hearing from rice. >> there will be a lot of questions asked about her this event and others. >> rice is considered a top pick to replace secretary of state henhillary clinton spli. as a says she will keep our post until replies to this town. >> a new poll found that american is less optimistic in the country's future than they were four years ago py 60. 40 percent said the country will be worse off for years from now looking ahead to the president's second term 54 percent say they are enthusiastic or optimistic. while 44 percent are not. despite that president obama is operating remains unchanged. more than half of those surveyed give him a thumbs up on the job he's doing in office so far. >> t
was laid to rest in a small ceremony last friday. president obama talked about his birthplace in a speech to the united statesed last month. and stevens is seen standing in front of the foothills. >> i didn't know much. he told the union the family chose this as the final resting place because i think he felt a bond, an identity. and really appreciated the history and had ancestors as part of the community. >> my only thought is that they brought him home. >> she has begun studying the stevens families roots, tracing back to his grandfather, a local teacher and to those who came to work in the gold mine. >> i think so, yes. >> even though the family later moved. he often returned to visit his grps here in the valley. see you soon. at 52 years old. chris stevens had learned languages and travelled the world. he said this is where we always planned one day to return. >> still ahead, more fallout for the socialidentity involved in the david petraeus scandal. the honor that's now been taken away from her. >> and liking facebook. new optimism for the social network stock. >> i'm scott budman a
for president of the united states? >> go obama. >> yeah, i will take a pass on it. thank you very much for all of your attention, for making sure you asked the right question when you go home tonight. we appreciate that you take responsibility. you will be a great friend to your class mates and good family member and good citizen of san francisco. thank you very much. good job, you did great. >> great in your uniforms as well. >> we are uniforms as well. >> love the stars they are all wearing. >> for third grade, very attentive. thank you for letting us come into your class room. you can ask questions or continue with the story. whatever your teacher would like. >> ask questions if you'd like. this is an opportunity. >> how old are you? >> how old am i? can you guess? >> 95? [ laughter] >> can you not guess! [ laughter] >> only third grade. >> close, close. i'm 60. and she's 48. >> in between. [ laughter] >> i was -- so you will remember this, i was born in the year of the dragon. >> oh yeah! that is how i have fun when it comes to numbers and it comes to age. >> we all have different jobs. we
that home prices have had a high we haven't seen in four years the dow was up 47. >> president obama looks like he is still campaigning. to make the public case for strategizing the fiscal cliff. friday he will be meeting with business owners, small business owners. at the white house today the president will meet and tomorrow with middle-class americans. >> an 18 year-old accused of killing a man and injuring and police officer will be arraigned this week. here is a video of the other suspect in this case who was in court last wednesday. there china find a connection between the two. both are being held for murder, armed robbery, and attempted murder of a police officer. the drama of a 14 year-old boy charged as an adult with attempted murder sexaul assault and kidnapping of a 65 year-old woman has been postponed. caviar king was scheduled to be arraigned in court yesterday. authorities say he of the to the woman at dusk force to drive several miles away where he assaulted and beat her before leaving her in a ditch. police described attack as random. >> the two leaders will be remembered
that means higher tax rates for high incomes are on the table. something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to prejudge it, we should not be taking iron clad positions. >> late today in the situation room, republican kevin mccarthy, the house majority whip put a fresh spin on what seems to be the talking points. >> if the goal is to raise more revenue, what is the best way to do that? at the same time protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and keeping the rate down, so you have better ground control, isn't that a better outcome. >> talk of tax deductions and closing loopholes. a big note on raising
. >>> president obama now pondering cabinet reshove yol and republicans appear to be softening to one of the leading candidates to replace hillary clinton. abc 7 news joins with us a known bay area names. >> high on the list is finding replace manies for advisors that have given notice. the president has known secretary of treasury tim geithner and secretary of clr the door. leading candidate for clinton's job is un ambassador susan rice but republican senators vowed to fight if they got the nod. >> we'll do whatever isness troy block the nomination. >> after the election, the president fired back. >> when they go after the un ambassador, they think she's an easy target? then, they've got a problem with me. >> tonight senator mccain appears to be backing away. >> i think she deserves the opportunity to explain herself and her position. >> ambassador rice has not been nominated but the flak came after she told congress the benghazi attack was a spontaneous event. >> based on information is what they this began on was a spontaneous, not premeditated response to what transpired in cairo.
initially described the event as a spontaneous fact. rice is considered president obama's first choice for secretary of state when hillary clinton steps down in january. >>> it is tuesday morning in cairo. a little after 9:00 a.m. but overnight, we saw more skirmishes between demonstrators and riot police. a handful of protesters threw rocks. and police fired back with tear gas. the protesters have gathered in tahrir square for a massive protest later today against president mohamed morsi's constitutional decree. the decree grants morsi sweeping, new powers. >>> six killed in oakland during the thanksgiving holiday, from wednesday through just yesterday. oakland surpassed the 2011 homicide total on friday. new at 11:00 tonight, stephanie reports that it could be far worse. >> actions speak louder than words. >> reporter: his audience tonight, new parolees at a hayward halfway house. kevin grant connects with them because he used to be one of them. in and out of prison, like the college friends he grew up with in oakland. but kevin grant wants to rewrite that story. he left his last pri
cliff is looming as lawmakers on capitol hill look for ways to hit the brakes. president obama and members of congress got back to work today after the holiday break. cbs reporter danielle nottingham on the warning tonight from the white house. >> reporter: lawmakers are back at work and under deadline pressure. >> we can solve the greatest economic emergency facing the nation today. >> reporter: white house mommists say without a deal to avoid the fiscal cliff, americans may start closing their wallets during the critical shopping season and curb their spending into next year. >> they think it is important that congress extend the middle class tax cuts without delay and drama is because it will help to maintain the increased consumer confidence we've seen. >> reporter: both sides say they are ready to compromise to avoid the nearly $600 billion in tax hikes and mandatory spending cuts scheduled to kick in on january 1st. but taxes remain the sticking point. republicans in congress have been long opposed to any tax increases, but gop lawmakers say they are open to raising more
outages. gun dealers say sales have surged since president obama's reelection out of fear that there may be possibly stricter gun laws coming. >>> if an e-reader is on your christmas list the choices can be overwhelming. michael finney and our partners at consumer reports -- >> reporter: prices on e-readers lower than ever, consumer reports tests single out the best. lots of people think -- >> i would buy one for my sister. >> probably my aunt. >> sister. >> everybody i know many >> reporter: choosing one can be risky. barnes & noble offer two nooks, amazon has four kindles. not to mention readers from sony, and there are tablets that offer electronic books too. >> you can read e-books on a tablet, a dedicated reader is lighter, easier to hold in one hand, longer battery life and crisper type all of those will make a difference in hour after hour of reading. >> reporter: among its tests, consumer reports assesses how fast each reader can turn a page. some are really fast. others are slower. another test, looking at how easy they are to read in different lighting. the best readers have no
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